XML 120 R105.htm IDEA: XBRL DOCUMENT v3.25.0.1
Parent Company Financial Information (Details) - Schedule of condensed statements of cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net income $ 15,530 $ 13,426 $ 29,115
Adjustments to reconcile net income to cash provided by operating activities      
Compensation expense related to stock options and restricted stock grants 2,283 1,943 2,026
Increase in other assets 3,527 1,378 5,047
Investing activities      
Net cash provided by (used for) investing activities (28,860) (378,575) (792,583)
Financing activities      
Decrease in subordinated debentures 11,500
Net cash (used) provided by financing activities 9,995 346,218 745,943
Parent Company [Member]      
Operating activities      
Net income 15,530 13,426 29,115
Adjustments to reconcile net income to cash provided by operating activities      
Equity in undistributed net income of subsidiaries (17,420) (15,346) (30,656)
Compensation expense related to stock options and restricted stock grants 2,283 1,943 2,026
Increase in other assets (3) (125)
Increase in accrued expenses 49 110 113
Net cash provided by operating activities 439 8 598
Investing activities      
Investment in subsidiaries, net 5,000 (5,000)
Net cash provided by (used for) investing activities 5,000 (5,000)
Financing activities      
Proceeds from the exercise of stock options and warrants 294 518 905
Decrease in subordinated debentures (11,500)
Net cash (used) provided by financing activities (11,206) 518 905
Net (decrease) increase in cash and cash equivalents (5,767) (4,474) 1,503
Cash and cash equivalents, beginning of year 9,408 13,882 12,379
Cash and cash equivalents, end of year $ 3,641 $ 9,408 $ 13,882